REC backs 1000-seater auditorium in UP
Real Estate

REC backs 1000-seater auditorium in UP

Siddharthnagar, Uttar Pradesh: Shri Manohar Lal, Hon'ble Minister of Power and Minister of Housing and Urban Affairs, laid the foundation stone for a 1000-seater community auditorium in Siddharthnagar. The project is jointly funded by REC Limited, PFC, and NTPC, with REC contributing Rs 70.19 billion under its Corporate Social Responsibility (CSR) initiative. 

The upcoming auditorium is set to serve as a modern venue for cultural events, educational activities, and community gatherings. Once completed, it is expected to significantly boost the region’s cultural infrastructure. 

Senior officials from REC, including the Executive Director (CSR), attended the ceremony, which was also marked by enthusiastic participation from local residents. The project reflects REC’s continued commitment to enhancing social infrastructure in underserved regions. 

REC Limited, a Maharatna Central Public Sector Undertaking under the Ministry of Power and a leading non-banking financial company, is spearheading the initiative to provide a vibrant and inclusive space for artistic and cultural engagement. 

Construction is slated to be completed within the planned timeline, offering Siddharthnagar a much-needed platform for local talent and community development. 

Siddharthnagar, Uttar Pradesh: Shri Manohar Lal, Hon'ble Minister of Power and Minister of Housing and Urban Affairs, laid the foundation stone for a 1000-seater community auditorium in Siddharthnagar. The project is jointly funded by REC Limited, PFC, and NTPC, with REC contributing Rs 70.19 billion under its Corporate Social Responsibility (CSR) initiative. The upcoming auditorium is set to serve as a modern venue for cultural events, educational activities, and community gatherings. Once completed, it is expected to significantly boost the region’s cultural infrastructure. Senior officials from REC, including the Executive Director (CSR), attended the ceremony, which was also marked by enthusiastic participation from local residents. The project reflects REC’s continued commitment to enhancing social infrastructure in underserved regions. REC Limited, a Maharatna Central Public Sector Undertaking under the Ministry of Power and a leading non-banking financial company, is spearheading the initiative to provide a vibrant and inclusive space for artistic and cultural engagement. Construction is slated to be completed within the planned timeline, offering Siddharthnagar a much-needed platform for local talent and community development. 

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->